REGULATIONS


MDT/PTI 24 September 2012
IRDA has proposed the lead insurance model on the basis of geography, similar to banking industry in order to give emphasis on availability of various services in one particular zone Mumbai: The Insurance Regulatory and Development Authority (IRDA) on Monday said it is mulling to follow...

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MDT/PTI 24 September 2012
The insurance regulator would prescribe annual targets for insurance companies so that they can provide insurance cover to entire population under the BPL category over next five years   New Delhi: The Insurance Regulatory and Development Authority (IRDA) has come with a draft...

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MDT/PTI 24 September 2012
Out of the 20 pending applications for alternative investment funds, SEBI said 15 applications are "being processed", while it has sought further details from five others New Delhi: As many as 20 entities have sought Securities and Exchange Board of India (SEBI)'s approval to set up...

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MDT/PTI 24 September 2012
Funds structured as PCCs, which are legal entities in places like Mauritius, might be looking at a re-entry into Indian markets through routes like foreign venture capital funds and other avenues for round-tripping of funds New Delhi: Securities and Exchange Board of India (SEBI) is...

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MDT/PTI 21 September 2012
These penalties have been imposed after a SEBI probe found that the three entities, including Gupta, were involved in manipulative trading in shares of Videocon Industries and NRB Bearings   New Delhi, Sep 20 (PTI) Market regulator Securities and Exchange Board of India (SEBI) has...

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MDT/PTI 21 September 2012
In March, SEBI had withdrawn a ban against 100 entities belonging or linked to the Tayal group, after barring these entities for two years from the markets   Mumbai: The Securities Appellate Tribunal (SAT) has upheld an order issued by Securities and Exchange Board of India (SEBI)...

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MDT/PTI 20 September 2012
According to the CCI Chairman, there are complaints that some trade associations have used their platform for anti-competitive activities   Mumbai: The Competition Commission of India (CCI) on Thursday said it has come across cases of some trade and industry bodies indulging in unfair...

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MDT/PTI 20 September 2012
Imposing a penalty of Rs6 lakh on SBI Life Insurance, the insurance regulator also reprimanded the company that its business practices severely dent public faith   New Delhi: The Insurance Regulatory and Development Authority (IRDA) has imposed a penalty of Rs6 lakh on SBI Life...

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MDT/PTI 20 September 2012
IRDA said no general insurance company shall approach SEBI for public offering without specific previous written approval of the insurance regulator   New Delhi: General insurance companies planning to tap the capital market for funds should have a 10 year experience and will have to...

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MDT/PTI 20 September 2012
While setting aside orders issued by SEBI, the Tribunal also pulled up the market regulator for delay in finalisation of proceedings against two directors of Denim Enterprises   New Delhi: The Securities Appellate Tribunal (SAT) has set aside orders issued by  Securities and Exchange...

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MDT/PTI 20 September 2012
In its order SEBI disposed off the notices saying there are no complaints pending against Jayant Vitamins and three of the company's directors   Mumbai: Market regulator Securities and Exchange Board of India (SEBI) has disposed of show-cause notices issued to Jayant Vitamins Ltd and...

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MDT/PTI 20 September 2012
The central bank is finding different ways of allowing people to take advantage of gold price movement without physically buying New Delhi: Concerned over rising gold imports, the Reserve Bank of India (RBI) has said it is planning to come out with financial products on the lines of gold...

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MDT/PTI 18 September 2012
SEBI said Krupa Sanjay Soni and Sanjay Soni sold shares in Shree Global Tradefin acting as a part of a group and thus profited significantly from the offloading New Delhi: Market regulator Securities and Exchange Board of India (SEBI) has imposed a penalty of Rs60 lakh on two individuals...

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MDT/PTI 18 September 2012
RBI guidelines require banks to make specified valuation adjustments for various risks or costs in their portfolios including derivatives, which are subject to 'mark to market' requirement and also for illiquidity of these positions   Mumbai: The Reserve Bank of India (RBI) has issued...

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Moneylife Digital Team 17 September 2012
The 25 basis points cut in CRR would infuse Rs17,000 in to financial systems, thus allowing banks to reduce interest rates on loans to attract borrowers   The Reserve Bank of India (RBI), in its mid-term monetary policy review has cut cash reserve ratio (CRR, the amount of deposits...

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MDT/PTI 17 September 2012
Taking note of retail MF assets accounting for as high as 74% of GDP in the US and 42% in the UK, the Indian market regulator asked its mutual fund advisory panel to study regulatory provisions in international jurisdictions to suggest ways to channelize retail savings into MFs   New...

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MDT/PTI 17 September 2012
All investment advisers would need to register with SEBI after payment of required application and registration fees   New Delhi: With an aim to crack its whip on investment advisers possibly indulging in unfair trade practices, market regulator Securities and Exchange Board of India...

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Jason Monteiro Jason Monteiro 14 September 2012
SEBI wants to create a new category of fund sellers: Postal agents, retired teachers, retired government and semi-government officials who will sell units of ‘simple’ and ‘performing’ mutual fund schemes. The concept and the definition of these two terms should rank pretty high in the list of...

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MDT/PTI 14 September 2012
Based on the preliminary findings in 2009 SEBI had barred 317 second-level entities identified in the interim order as used as conduits by Alka Securities, its promoters and other related entities   Mumbai: Market regulator Securities and Exchange Board of India (SEBI) has revoked its...

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MDT/PTI 14 September 2012
The Primary Market Advisory Committee chaired by TV Mohandas Pai would have 18 members, including chiefs of several financial institutions and other companies   Mumbai: Market regulator Securities and Exchange Board of India (SEBI) has reconstituted its Primary Market Advisory...

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